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3 Beds
2 Baths
2,323 sqft

$1,899,950

506 N Magnolia, Monrovia CA, 91016

Price per sqft$817.89
Built in1910
Property size2,323 sqft
Property typeResidential
Listed by Espi Bagwell CA DRE# 01168881 with Keller Williams Realty 626-824-2267

Overview

Active

Listed Nov 2, 2026

Updated 12h ago

Nestled on an expansive 77,907-square-foot lot, this versatile multi-structure compound offers an exceptional canvas brimming with value-add potential. The main residence features a spacious, sun-filled living room anchored by a cozy fireplace, paired with a formal dining room wrapped in walls of windows that bring the lush garden views inside. The functional galley kitchen comes fully equipped with new Bosch appliances (installed in 2022), complemented by updated shaker cabinetry, quartz countertops, and tiled flooring. A secondary den offers a warm retreat complete with its own fireplace, built-in storage, recessed lighting, and direct sliding-door access to the outdoors. Upstairs, the primary bedroom with an adjoining bath is accompanied by two additional bedrooms, a full hall bath, and a private balcony deck. A 445-square-foot flexible basement area presents an ideal opportunity for custom transformation into a wine cellar, home theater, or specialized storage space. Beyond the main house, the property’s expansive grounds unlock incredible possibilities for multi-generational living, creative workspace, or rental income streams, anchored by an impressive orchard of several dozen fruiting olive trees that are over 100 years old. A detached 250-square-foot cottage features high ceilings, its own private bathroom, and an independent mini-split heating and cooling system. Situated across the carport, a secondary large multi-purpose flex room includes a bathroom and dedicated laundry area, perfect for an artist studio, home gym, or executive office. Outdoor amenities include a covered patio ideal for al fresco entertaining, an above-ground pool, dedicated storage units, and ample uncovered parking across the tranquil, private grounds. Modern infrastructure updates add significant value, comfort, and energy efficiency throughout, including brand-new windows installed in 2026, a ducted heat pump HVAC system with separate units for the upstairs and downstairs (installed in 2022), and an owned 17kW solar system paired with 26kW battery backup storage.

$12,640/mo

Est. mortgage payment based on a $1,899,950 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
AR26235325

Interior Features

Bedrooms
3
Bathrooms
2
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
1.79 Acres

Other Property Details

View
Yes
Pool
Yes
55+/Senior Community
No
MLS provider logo

Listed by Espi Bagwell CA DRE# 01168881 with Keller Williams Realty 626-824-2267

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/3/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 11/3/2026 at 2:22 PM UTC Last Checked: 2:22 PM UTC

 

 

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